News

CHF|CIRB Permit Statistics

Total housing unit starts increased 9% from August 2014. Multi-family units totaled 3,682 new units, a 22% increase from last month. When comparing 2014 year-to-date totals with 2013, new housing units are up for the first time this year, totaling 61,361 single- and multi-family units.

Other Highlights from the September 2014 California Construction Review:

  • The unemployment rate for the State of California in September 2014 was 6.9%, decreasing by 0.5 from 7.4% in the previous month.
  • California construction employment averaged 697,100 in September 2014, up 2,200 from August 2014.
  • The largest project in September 2014 was a new $150 million, 12-story office, retail and parking building in San Francisco City.